Banking Awareness Questions – Practice Set 55

Banking Awareness  Questions. Banking Awareness Practice Set 55. Banking Awareness (Post Independence Banking history ) for IBPS Clerk 2012-2013 Exam, SBI PO 2012-13 and any other competitive exams.


Banking Companies (Acquisition and Transfer of Undertaking) Bill passed in _______ paving way to the nationalization of banks in India?






Which political party issued a paper by the name - 'Stray thoughts on Bank Nationalization', signaling the nationalization of banks in India?






State Bank of India Act was passed in which year?  






In which year, Imperial Bank of India became State Bank of India?






How many banks were nationalized in 1969?






The State Bank of India (Subsidiary Banks) act  passed in which year?  






In 1969 major commercial banks were nationalized with deposit over ____ crores.  






Who said the nationalization of banks is the 'masterstroke of political sagacity'?






What was/were the main objective behind this bank nationalization in India? I. To spread banking infrastructure in rural India II. To spread banking infrastructure in Urban India III. Make cheap finance available to Indian farmers






Which of the following bank was not nationalized in 1969?








2 thoughts on “Banking Awareness Questions – Practice Set 55

  1. Roopa Roopa says:

    scored 5

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